Peak Energy, a renewable energy developer and Independent Power Producer (IPP) with operations across Asia, has secured 11 megawatts (MW) of ready-to-build high-voltage solar projects in Japan. These projects, located in Chubu, Chugoku, Hokkaido, and Kansai, are slated for completion by 2027.
Once operational, the solar installations are expected to generate more than 13 gigawatt-hours (GWh) of clean electricity annually, helping to cut nearly 6,000 tonnes of carbon dioxide emissions each year—comparable to removing approximately 2,000 cars from the road.
The electricity produced will be sold to corporate clients through long-term power purchase agreements (PPAs) at fixed rates. This setup enables businesses to reduce energy costs immediately and avoid exposure to electricity price volatility for over two decades.
This deal marks another step in Peak Energy’s expansion in Japan. The company already co-owns a 28 MW solar facility in Kyushu and continues to broaden its services in the country, including onsite solar, offsite solar, and hybrid solar-plus-storage systems. Across the Asia-Pacific, Peak Energy has over 200 MW of solar capacity and 298 megawatt-hours (MWh) of battery energy storage either in operation or under development.
“This acquisition highlights our enduring commitment to the Japanese market,” said Gavin Adda, CEO of Peak Energy. “It also strengthens our broader portfolio of high-voltage assets, supporting our goal of delivering affordable, clean, and reliable energy to businesses across the country.”
Eiji Sato, Peak Energy’s Country President in Japan, added, “With new large-scale solar capacity coming online at a slow pace, we’re proud to be in a position to offer clean energy to our corporate partners within the next few years.”
